Practical risk theory for actuaries / C.D. Daykin, T. Pentikäinen, and M. Pesonen.
Material type:
TextSeries: Monographs on statistics and applied probabilityPublication details: London ; New York : Chapman & Hall, 1994.Edition: 1st edDescription: xxi, 546 p. : ill. ; 23 cmISBN: - 0412428504 (alk. paper)
- 9780412428500
- HG8781 .D28
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| HG8054.5 .R55 Risk, information, and insurance : | HG8059 .B69 Commercial risk management : | HG8059 .B69 Commercial risk management : | HG8781 .D28 Practical risk theory for actuaries / | HG8951 .K88 Managing life insurance | HG925 .H695 The economics of money, banking and finance : | HG925 .H695 The economics of money, banking and finance : |
Includes index
pt. 1. Foundations of Practical Risk Theory. 1. Some preliminary ideas. 2. The number of claims. 3. The amount of claims. 4. Calculation of a compound claim d.f. F. 5. Simulation. 6. Applications involving short-term claim fluctuation --
pt. 2. Stochastic Analysis of Insurance Business. 7. Inflation. 8. Investment. 9. Claims with an extended time horizon. 10. Premiums. 11. Expenses, taxes and dividends. 12. The insurance process. 13. Applications to long-term processes. 14. Managing uncertainty. 15. Life insurance. 16. Pension schemes --
App. A Derivation of the Poisson formula --
App. B Polya and Gamma distributions --
App. C Asymptotic behaviour of the compound mixed Poisson d.f --
App. D Numerical calculation of the normal d.f --
App. E Derivation of the recursion formula for F --
App. F Simulation --
App. G Time series --
App. H Portfolio selection --
App. I Solutions to exercises.
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